Following the recent trends in mobile games, Chimeras implements battlefield mode so that players can play and earn simultaneously. Click Sign on your wallet to complete applying.Ĭhimeras is a play-to-earn metaverse game with DeFi farming and NFTs elements. After that, Red Kite will ask you to sign your wallet.Enter your Twitter account and Telegram’s username.Once doing KYC successfully, come back to the Chimeras IDO pool and click the “ Apply whitelist” button again. Click “ KYC Now” button and it will navigate you to Icetea Labs KYC on Blockpass. A popup will appear and require you to complete KYC procedure.After completing all required tasks according to your tier, select the Chimeras IDO pool on the Red Kite’s pool dashboard and click “ Apply whitelist” button.Ĥ️⃣ Step 4: Select the Chimeras IDO Pool, do KYC, then complete the Whitelist procedure. □ NOTE: Refer to the latest tier policy on Red Kite HERE and the staking guideline HERE. If it is your first time staking on Red Kite, you will need to Approve tokens once (and only once) before you stake PKF. Stake to ensure you achieve at least the minimum tier of the pool. ģ️⃣ Step 3: Staking PKF to claim your tier. However, we recommend following Twitter and Telegram groups to stay up-to-date with important announcements.Ģ️⃣ Step 2: Register an account on the Red Kite website. □ NOTE: Users who belong to Eagle and Phoenix tiers will not be required to do the above steps when joining the IDO pool. Follow Twitter accounts: and Join community groups: and Subscribe to announcement channels: and Like and retweet the IDO announcement tweet with hashtags #RedKite #Chimeras $PKF $CHIM.To be eligible for Chimeras public offerings on Red Kite, please complete the following steps:ġ️⃣ Step 1: Follow Chimeras’ and PolkaFoundry’s social channels below: □ How to join the Chimeras IDO pool on Red Kite? Token allocation: $ 147,000 ($144,060 for winners of the 1st selection round $2,940 for winners of Round 2).Restricted countries: Albania, Barbados, Botswana, Burkina Faso, Cambodia, Cayman Islands, China, Ghana, Iran (Islamic Republic of), Jamaica, Korea (Democratic People’s Republic of), Mauritius, Morocco, Myanmar, Nicaragua, Pakistan, Panama, Russian Federation, Senegal, Seychelles, Singapore, Syrian Arab Republic, Uganda, United States of America, Yemen, Zimbabwe.Vesting schedule: 25% unlocking after public sale, 25% monthly distribution.Buying time Phase 2 (FCFS): 01:00 PM UTC - 01:15 PM UTC. Buying time Phase 1 (Guaranteed allocation): 12:00 PM UTC - 01:00 PM UTC.Whitelist Closing: 01:30 PM UTC, October 27.Whitelist Opening: 05:00 AM UTC, October 25.If regulators try to constrain that, they’re just constraining something that in the end will explode. “The natural tendency of the market as we challenge it between oversupply and undersupply is the volatility. They will be simply told this is our hedging policy,” he said, adding that speculators add necessary lubrication for markets. Most physical participants in the market have no freedom to use their own discretion. Metals markets are necessarily made up of big physical participants, such as mining companies and industrial consumers, but imposing a limit on large speculative positions could drain liquidity when the market needed it most, Lilley said. He said such moves may have the unintended result of increasing, not reducing, volatility. Lilley criticised regulators seeking to impose position limits on metals markets. In March, the bank estimated commodity finance deals in China were worth as much as $160 billion, or about 31 percent of the country’s total short-term foreign exchange loans. Pledging commodities to a bank, often using a warehouse receipt as proof of ownership, has become a popular way of obtaining finance in China, often to skirt restrictions on raising credit and helping drive up stockpiles at some ports.Ĭoncerns over the events in Qingdao may push foreign banks to cut their commodity financing business in China, Goldman Sachs said in a note on June 9. On Tuesday, two police sources with direct knowledge of the matter said the Qingdao Port Authority and the city’s police were investigating a private metals trading firm, Decheng Mining, over a suspected metal financing scam at the port.Ī staff member at Decheng Mining’s Qingdao office, who would only give his surname as Liu, would not comment and a Singapore-registered associate company did not respond to a series of calls requesting comment. The Red Kite Group, which has more than $2.3 billion under management, covers a range of activities in the metals industry, including physical trading, mine finance and arbitrage strategies.
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